Patricia Varona Garcia
Associate
Overview
Patricia Varona Garcia advises private equity funds, independent sponsors, portfolio companies and other privately held businesses on domestic and cross-border mergers and acquisitions (M&A), private equity transactions, corporate governance matters and general corporate law issues. She brings a practical, business-focused approach to helping clients navigate legal and commercial considerations and advance their strategic objectives.
Patricia draws on a foundation of leadership, discipline and service developed during more than four years of honorable service in the U.S. Army. She applies that perspective to her corporate practice, working with clients as they evaluate transactions, governance matters and other business priorities.
In addition to her legal practice, Patricia is also committed to developing the next generation of legal professionals and mentors law students through the Hispanic Lawyers Association of Illinois (HLAI).
Before joining Holland & Knight, Patricia practiced at a global law firm in Chicago.
While in law school, Patricia served as managing editor of the UIC Review of Intellectual Property Law and as an associate justice on the Moot Court Honors Board.
Representative Experience
- Advised a global transportation and logistics company in a $1.4 billion divestiture of its supply chain business, including the carve-out of U.S. and Canadian operations, assets, facilities and approximately 7,500 employees
- Represented a leading filtration company in its agreement to acquire a global leader in aviation and industrial fuel filtration solutions for $820 million
- Represented a leading financial technology company in its agreement to acquire an artificial intelligence-powered due diligence and monitoring platform serving institutional investors, consultants and asset managers across public and private markets
- Advised a global biopharmaceutical company in its $112.5 million acquisition of on-body drug delivery system manufacturing rights and a related manufacturing facility
- Represented a leading salty snack brand/company in its sale to a multinational company and one of the largest chocolate manufacturers in the world, with a total transaction value of $900 million
- Represented a regional transportation company in its equity sale to a national publicly traded transportation and logistics company, with a total transaction value of $200 million
- Represented a transportation company in its $180 million equity sale to a NASDAQ-listed corporation known as one of the nation's largest transportation and logistics companies
- Represented a credentialing software provider in its equity sale to a private equity firm for a total valuation of $120 million
- Represented a seller of meat and protein products throughout the U.S. in its sale to a private equity firm, with a total transaction value of $45 million
- Represented a Canadian public cannabis company in its acquisition of a Maryland medical cannabis grower and a medical cannabis processor, with a total transaction value of $25 million
- Supervised the due diligence process and preparation of disclosure schedules in connection with the $22 million capital stock sale of a provider of software solutions for the higher education industry
- Represented a distributor of specialty industrial tools and supplies in its asset sale to an entrepreneur backed by a private equity fund and senior bank debt, with a total transaction value of $18 million
- Represented a nonprofit hospital in connection with its joint venture with one of the largest hospitals to expand telehealth and online care services on a national basis
- Represented an accounting and consulting firm in connection with its acquisition of an accounting firm as part of a strategic roll-up, with a total transaction value of $1 million
- Represented a financial technology company in its sale to a federal credit union for cash and equity
- Represented a company in the purchase of assets related to an American conservative news website for stock and cash; represented the same buyer in the sale of preferred units to finance the purchase of the news website's assets as well as ongoing working capital; the capital raise was for $7 million, of which approximately $5.8 million was funded at closing
- Represented a public company and leading multistate cannabis operator in its acquisition of a medical cannabis dispensary in Maryland for total consideration of $10 million in cash, in addition to acquiring the real estate for $1.7 million; the acquisition increased the public company's footprint to 27 dispensaries nationwide
- Prepared proxy statements and notice materials for annual and special meetings of public and private companies
- Incorporated and organized numerous corporations and limited liability companies (LLCs) as well as supervised their ongoing governance, including the amendment of articles of incorporation/organization and bylaws/operating agreements and the preparation of resolutions board consents and minutes
Credentials
- University of Illinois Chicago School of Law, J.D.
- Saint Joseph's College, B.A.
- Illinois
- Esports Trade Association, Legal and Regulatory Committee, 2025-Present
- Hispanic National Bar Association, 2021-Present
- Hispanic Lawyers of Illinois, 2021-Present
- Chicago Bar Association, 2020-Present